When it comes to going public, Freedom Mortgage CEO Stan Middleman said "it depends on your investment horizon and on your personal situation.”

Most loans are removed from Ginnie pools because the borrower paid off the loan. Then there's the matter of EBOs...

Finance of America ranked 27th among all lenders in the first half of 2020. The firm projects $293 million in net income for the year.

The reason for the decline: Many borrowers saw their forbearance plans expire because they did not contact their servicer. At least, that’s what MBA concluded.

In other words, in a market sized at roughly $2 trillion, and with total delinquencies measured at $218.9 billion (according to Ginnie’s website), the so called COVID-19 liquidity crisis never arrived...

Despite what looks like good news, Black Knight warned there are another 800K forbearances reaching the end of their initial six-month terms over the next 30 days...

MBA also urged the regulator to create guardrails to prevent any individual shareholder from gaining control of Fannie and Freddie after they’ve exited conservatorship…

A Supreme Court ruling in June backed the president’s power to remove the CFPB director without evidence of wrongdoing.

Caliber is worried that if interest rates rise from current levels, the volume of prepayments and mortgage payoffs is likely to decline, which will reduce the cash available to fund servicing-advance obligations.

The rescission of the bulletin does not mean MSAs are presumably legal. Instead, it will depend on how the business relationship is structured and implemented.